RE: STEEM POWER IS THE BEST INVESTMENT YOU CAN MAKE IN CRYPTOCURRENCIES
steempower is steem invested in your account to keep new steem out of the market to trade in a certain amount that's why the 13 weeks of powering down. if one can earn steem (in steempower) by creating content in comments, posts and or other activity like voting, and builds up shares like that, you are, or own part of the whole platform. So activity creates steem, and who creates earns steem that adds to all. If one who owns a lot steem drops it in an instant and sells it on the market, he adds traded steem that circulates there in an instant.. he adds to the supply and not the demand which will fluctate in huge numbers if all of a sudden a lot of people with steemvestments (steempower) do that. and that's why everybody should invest in steem by buying it as steem and transfer it to steem power so that you can create more to earn more and at some point earn enough to be able to earn enough steem dollars that you can pay out by selling it for other currency without harming the supply of steem in the market and influence the price of steem negatively. If all do like this then steem will become more and more valuable and there will be a balance in growth and amount of created steem supply
if you look at bitcoin for example.. the whole journey up is related to growing demand on a limited supply
This is profound. Thank you for sharing
I tried to put it down in a simple way actually but it's not that difficult to understand if i am correct in how I say it. steempower = investing in steem, having steem = like a warrant is in stocktrading
If you understand it, it would help people if you maybe make a video about it too.. don't be scared to give financial advice btw ;) all say they don't give financial advice but making a video about how you feel about an investment possibility may also trigger people to get a mindset or certain view right? so it's not bad thing to actually give financial advice, I give it all the time to my friends who are still skeptics or affraid of losing money they would spend rather in one night in a bar than giving it the chance to grow also next to losing it all.. depends on the amount how to lose it but spending on small useless things like expensive clubnights every week or so people will lose the same amount or more as someone who buys a new car every year:) so stupid investments are relative I think... If you are 100% sure it goes down and you don't sell or you buy on the highest of highest ATH of a stock or buy crap apartments to rent which cost more to redeem than to earn from, investing without any research, that's your own fault then.. same is for blindly trusting someone to be right without any study on the info yourself ;) investment advice is not for people with brains, because they don't need advice ;)